A world class company today must look at both selling its services/ products globally and also leveraging technology, best practices and resources from the global marketplace to differentiate between its performance and that of its competition. Globalisation has significantly changed the equation for companies and has provided them with a means to accelerate growth, performance and profitability.
As outsourcing matures and becomes more common, more acceptable and more dependable, viable business models will become increasingly dependent
on it. Enterprising businesses and businessmen must be able to look at global markets not only for the products/service that they develop/offer
but also for goods and services that they source. Going forward this will be an essential to continue in business and stay ahead of one’s peers.
India, with its skilled manpower and burgeoning market for all kinds of products and services should be on any
successful global company’s “must do list”.